5, MILLHOLME CLOSE, SOUTHAM, CV47 1FQ - £390,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

5 MILLHOLME CLOSE is a large detached house of 130m², built sometime between 1996 and 2002, which could now be worth an estimated £468,760. It was last sold for £390,000 in August 2020, which was around 22% below the average August 2020 detached price in the Stratford-on-Avon local authority area. The most recent EPC inspection was April 2016, where the current energy rating was D, and the potential energy rating was B.

5 MILLHOLME CLOSE Sold Prices

Land registry data shows four sales for 5 MILLHOLME CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Stratford-on-Avon local authority area for the corresponding sale date. Most of the four 5 MILLHOLME CLOSE sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2020 7 AUG	£390,000	£499,115	22% below HPI
2018 17 AUG	£390,000	£499,438	22% below HPI
2010 14 JUL	£275,000	£380,589	28% below HPI
1996 28 AUG	£134,450	£127,804	5% above HPI

5 MILLHOLME CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Stratford-on-Avon local authority area over time, sourced from the HPI. The four 5 MILLHOLME CLOSE sales between August 1996 and August 2020 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the August 2018 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the August 2020 sale, which was also at 22% below the HPI.

What might 5 MILLHOLME CLOSE be worth now?

5 MILLHOLME CLOSE might now be worth an estimated £468,760.

This is based on house price inflation of 20.2%, between August 2020 and August 2025, for detached houses, in the Stratford-on-Avon local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 20.2% inflationary increase is applied to the most recent sale price for 5 MILLHOLME CLOSE of £390,000 on 7th August 2020. For the value to have increased from £390,000 to £468,760 over the five years to August 2025, the following assumptions must hold true:

• The value of 5 MILLHOLME CLOSE has moved in line with the HPI for detached houses in the Stratford-on-Avon local authority area.
• The August 2020 sale price of £390,000 represented a fair market value for the property.
• The size, condition, and specification of 5 MILLHOLME CLOSE has not materially changed since August 2020.

How Large is 5 MILLHOLME CLOSE?

5 MILLHOLME CLOSE is 130m² according to the EPC inspection conducted in April 2016. This puts it in the largest 30% of detached houses houses in Southam, based on EPC data. The below chart shows the distribution of detached houses houses by size in Southam, and where 5 MILLHOLME CLOSE lies on this distribution: 70% of detached houses houses are smaller than 5 MILLHOLME CLOSE, and 28% of houses are larger. Note that EPC data is not available for all properties in Southam.

5 MILLHOLME CLOSE: Plot and Title Map

5 MILLHOLME CLOSE sits on a plot of roughly 0.087 of an acre, or 353m². The below map shows the location of 5 MILLHOLME CLOSE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 5 MILLHOLME CLOSE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 5 MILLHOLME CLOSE?

5 MILLHOLME CLOSE is located in SOUTHAM, in the CV47 postcode district. The below map shows the position of No. 5 on MILLHOLME CLOSE.